Sprinklr Inc (CXM)
Activity ratios
Short-term
Turnover ratios
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | |
|---|---|---|---|
| Inventory turnover | — | — | — |
| Receivables turnover | — | — | — |
| Payables turnover | 17.80 | 19.90 | 32.86 |
| Working capital turnover | 1.49 | 1.53 | 1.19 |
The activity ratios for Sprinklr Inc indicate the efficiency of the company in managing its assets and liabilities to generate revenue.
1. Inventory Turnover: Unfortunately, specific data on inventory turnover is not provided in the table. This ratio would have shown how many times during the year the company's inventory was sold and replaced.
2. Receivables Turnover: Similarly, details regarding the receivables turnover ratio are not available. This ratio would have indicated how effectively the company collects payments from its customers.
3. Payables Turnover: The payables turnover ratio has shown a decreasing trend over the past three years, decreasing from 32.86 in 2022 to 17.80 in 2024. This indicates that the company is taking longer to pay its suppliers, which may have implications for cash flow and supplier relationships.
4. Working Capital Turnover: The working capital turnover ratio has fluctuated over the years, with a high of 1.53 in 2023 and a low of 1.19 in 2022. This ratio measures how efficiently the company is using its working capital to generate revenue.
Overall, without complete information on inventory and receivables turnover, it is challenging to provide a holistic analysis of Sprinklr Inc's activity ratios. However, based on the available data, it is evident that the company may need to focus on managing its payables turnover more effectively to maintain healthy liquidity and vendor relationships.
Average number of days
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — |
| Number of days of payables | days | 20.51 | 18.34 | 11.11 |
The Days of Inventory on Hand (DOH) for Sprinklr Inc is not provided in the data. The Days of Sales Outstanding (DSO) for the company is also not given. However, the Number of Days of Payables for Sprinklr Inc has increased from 11.11 days in 2022 to 18.34 days in 2023, and further to 20.51 days in 2024.
The increase in the Number of Days of Payables indicates that Sprinklr Inc is taking longer to pay its suppliers, which could suggest a potential delay in cash outflows. This could potentially be a strategy to better manage cash flow or a result of negotiating more favorable credit terms with suppliers. It is important for the company to monitor this ratio to ensure that it does not negatively impact relationships with suppliers or lead to liquidity issues in the future.
Long-term
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | |
|---|---|---|---|
| Fixed asset turnover | 22.76 | 27.01 | 33.26 |
| Total asset turnover | 0.60 | 0.60 | 0.53 |
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate sales. In the case of Sprinklr Inc, the trend over the past three years shows a decreasing trend, from 33.26 in 2022 to 22.76 in 2024. This indicates that the company is generating fewer sales relative to its investment in fixed assets each year, which may suggest inefficiency in utilizing its fixed assets effectively to generate revenue.
On the other hand, the total asset turnover ratio measures how well a company is using its total assets to generate sales. Sprinklr Inc has maintained a consistent total asset turnover ratio of around 0.60 over the past three years. This suggests that the company is generating sales in line with its total asset base across these years.
Overall, while the total asset turnover ratio has remained stable, the decreasing trend in fixed asset turnover ratio indicates a potential concern regarding the company's efficiency in using its fixed assets to generate revenue. Management may need to review its utilization of fixed assets and consider strategies to improve this ratio over time.